Phil Wolf, Senior Vice President
of Finance and Treasurer
Phil brings over a decade of operational, financial and
accounting expertise to Crescent. He is responsible for the
company's corporate finance matters related to acquisitions,
investor relations, risk management, cash management, legal
and tax.
Since joining Crescent Hotels & Resorts, Phil has developed
a strong infrastructure within the finance department. That
infrastructure strengthened the centralized accounting platform
and established a finance specialist supporting each property.
Other accomplishments include integrating a share spend platform
that has saved owners and investors thousands of dollars
in areas such as insurance, technology and credit card fees.
Working hand in hand with human resources Phil helped to
develop a very competitive 401k plan for associates. His
contribution towards closing Crescent Hotel Investors I fund
has been invaluable to the strategic growth of Crescent Hotels & Resorts.
Prior to joining Crescent, Phil consulted for the Siegfried
Group, LLP, a nationwide finance and accounting resource
services firm with clients in a variety of industries.
Previous to The Siegfried Group, Phil served as Vice President — Assistant
Treasurer of Allied Capital Corporation a business development
company providing financing to primarily middle market companies
in the United States. His responsibilities included managing
the company's cash flows including all aspects of $1.8 billion
of company debt, monitoring compliance with various debt,
SEC, and government regulations and a variety of activities
focused on developing operating efficiencies.
Prior to Allied Capital, Phil spent over 5 years with KPMG
LLP in their Manufacturing, Retail and Distributions assurance
practice. Phil was responsible for planning and execution
of financial statement audits for clients in a variety of
industries including furniture rental, transportation and
weapons distribution.
Phil earned his BS in Accounting from Virginia Polytechnic
Institute and State University in 1996 and successfully completed
the CPA certification process in 1997.
